Tether and Bitfinex General Counsel Stuart Hoegner has retired, leaving Michael Hilliard to take his place as legal chief at the two firms.
Stuart Hoegner, General Counsel of Tether and Bitfinex has retired from his role as the legal chief of the two firms just days after the European Unions’ Markets in Crypto-Assets Regulation (MiCA) framework came into effect.
In a Jan. 2 statement shared with Cointelegraph, Tether wrote that Hoegner had retired and would be replaced as General Counsel by Tether’s current legal counsel, Michael Hilliard, who has been working alongside Hoegner for “several years.”
“Michael’s deep understanding of both companies’ operations, coupled with his strategic approach to legal and regulatory challenges, has been critical to advancing both Tether and Bitfinex’s mission,” wrote the firm in the statement.